USDT definition
Examples of USDT in a sentence
If the Purchaser elects to pay all or a portion of the Subscription Amount in USDC or USDT, then the value of USDC or USDT shall be treated as functionally equivalent to United States dollars, with a fixed exchange rate of 1.00 USDC to $1.00 or 1.00 USDT to $1.00, as applicable.
Each Purchaser shall deliver (i) as instructed by the Company, via wire transfer, funds in cash and/or (ii) to the Digital Wallet (as hereinafter defined), via transfer, USDC and/or USDT, in each case equal to such Purchaser’s Subscription Amount as set forth on the signature page hereto executed by such Purchaser.
Each Purchaser that elects to pay all or a portion of its Subscription Amount in cash shall be referred to herein as a “Cash Purchaser”; and each Purchaser that elects to pay all or a portion of its Subscription Amount in USDC or USDT shall be referred to herein as a “Cryptocurrency Purchaser”.